Tag #Trade War

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forbes.com

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May 7, 07:17

US-China Trade Talks Begin Amidst Economic Uncertainty

U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will meet in Switzerland from May 8-12 to de-escalate trade tensions, with China seeking tariff reductions and the U.S. focusing on fentanyl and TikTok; the talks follow the imposition of high tariffs on Chinese goods, causing ...

US-China Trade Talks Begin Amidst Economic Uncertainty

U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will meet in Switzerland from May 8-12 to de-escalate trade tensions, with China seeking tariff reductions and the U.S. focusing on fentanyl and TikTok; the talks follow the imposition of high tariffs on Chinese goods, causing ...

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What specific demands is each country likely to make during these talks, and what are the underlying causes of these demands?

These talks aim to reduce trade tensions stemming from punishing tariffs imposed by the U.S. on Chinese goods, reaching as high as 145%. China seeks tariff reductions, relaxed export controls, and a halt to hawkish U.S. legislation. Conversely, the U.S. wants China to address fentanyl trafficking and allow the sale of TikTok to U.S. investors. The current economic climate is characterized by volatility in U.S. financial markets and significant potential job losses in China (estimated at 15.8 million by Nomura).

dw.com

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May 7, 01:13

Trump-Carney Meeting Fails to Resolve US-Canada Trade Disputes

US President Donald Trump and Canadian Prime Minister Mark Carney met on May 6th, 2024, at the White House, failing to resolve trade disputes and with Trump reiterating his desire to make Canada the 51st US state and maintain tariffs, while Carney insisted Canada is "not for sale.

Trump-Carney Meeting Fails to Resolve US-Canada Trade Disputes

US President Donald Trump and Canadian Prime Minister Mark Carney met on May 6th, 2024, at the White House, failing to resolve trade disputes and with Trump reiterating his desire to make Canada the 51st US state and maintain tariffs, while Carney insisted Canada is "not for sale.

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What were the immediate impacts of the Trump-Carney meeting on US-Canada relations?

US President Donald Trump and Canadian Prime Minister Mark Carney met on May 6th, 2024, at the White House. Despite a trade war impacting decades of trust, neither leader showed signs of compromise. Trump reiterated his desire to make Canada the 51st US state and maintain tariffs, while Carney stated Canada is "not for sale.

faz.net

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May 7, 13:17

China Cuts Interest Rates to Counter Economic Slowdown Amid US Trade Tensions

China's central bank cut interest rates and reserve requirements, freeing up 122 billion euros to counter a weakening economy amid rising trade tensions with the US, ahead of high-level trade talks this weekend.

China Cuts Interest Rates to Counter Economic Slowdown Amid US Trade Tensions

China's central bank cut interest rates and reserve requirements, freeing up 122 billion euros to counter a weakening economy amid rising trade tensions with the US, ahead of high-level trade talks this weekend.

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What specific monetary policy actions did China's central bank take, and what are their immediate implications for the economy?

China's central bank cut a key interest rate by 10 basis points to 1.40 percent and lowered the reserve requirement ratio by 0.5 percentage points to 6.2 percent, freeing up around 122 billion euros in liquidity. These measures aim to counter the weakening economy amid ongoing trade tensions with the US. The actions come shortly before high-level trade talks between US and Chinese officials.

english.kyodonews.net

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May 7, 07:17

US-China Talks, India-Pakistan Tensions, and Germany's New Chancellor

The U.S. and China will hold talks to de-escalate trade tensions; India attacked Pakistan after a Kashmir attack; Germany elected Friedrich Merz as chancellor.

US-China Talks, India-Pakistan Tensions, and Germany's New Chancellor

The U.S. and China will hold talks to de-escalate trade tensions; India attacked Pakistan after a Kashmir attack; Germany elected Friedrich Merz as chancellor.

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How might the change in German leadership affect European Union policies and international relations in the long term?

The success of the US-China talks could influence global trade relations and economic stability. India's military action risks further conflict with Pakistan, potentially destabilizing the region. Merz's leadership in Germany may bring about policy changes impacting the EU and global affairs.

elpais.com

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May 7, 07:17

US, China to Hold Talks on Tariffs Amid Trade War

US and Chinese officials will meet in Switzerland this week to discuss tariffs and ease trade tensions, marking the first confirmed dialogue since April 2nd when President Trump's tariffs ignited a trade war impacting global markets and economies.

US, China to Hold Talks on Tariffs Amid Trade War

US and Chinese officials will meet in Switzerland this week to discuss tariffs and ease trade tensions, marking the first confirmed dialogue since April 2nd when President Trump's tariffs ignited a trade war impacting global markets and economies.

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What are the stated motivations of both the US and China in entering these exploratory talks?

The meeting follows recent US signals of tariff adjustments and proactive communication to China. China accepted talks after considering global expectations, its interests, and US industry/consumer calls. The US Treasury and the Office of the US Trade Representative will lead the US delegation.

sueddeutsche.de

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May 7, 13:17

Trump Proposes US-Canada Merger; Poilievre Rejects

Following his electoral victory, Canadian Prime Minister Pierre Poilievre visited the White House on Tuesday for a meeting with US President Donald Trump, where Trump proposed a US-Canada merger that was firmly rejected by Poilievre, highlighting ongoing trade disputes and the complex US-Canada rela...

Trump Proposes US-Canada Merger; Poilievre Rejects

Following his electoral victory, Canadian Prime Minister Pierre Poilievre visited the White House on Tuesday for a meeting with US President Donald Trump, where Trump proposed a US-Canada merger that was firmly rejected by Poilievre, highlighting ongoing trade disputes and the complex US-Canada rela...

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Partnerships for the Goals

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What were the underlying causes of the tension between the US and Canada, and how did this meeting reflect and address those causes?

Trump's proposal to merge the US and Canada, while seemingly outlandish, reflects his broader approach to international relations characterized by transactional deals and disregard for traditional diplomatic norms. Poilievre's rejection highlights the significant economic and political ramifications of such a merger, emphasizing Canada's sovereignty and its economic diversification efforts away from US dependence.

cnn.com

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May 7, 04:14

US, China to Hold Trade Talks in Geneva

US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will meet with Chinese officials in Geneva this week to de-escalate trade tensions, marking a potential turning point in the trade war; stock futures rose significantly following the announcement.

US, China to Hold Trade Talks in Geneva

US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will meet with Chinese officials in Geneva this week to de-escalate trade tensions, marking a potential turning point in the trade war; stock futures rose significantly following the announcement.

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What factors influenced China's decision to engage in talks with the US?

These meetings follow recent tariff adjustments by President Trump, signaling a potential thaw in the US-China trade war. China's agreement to talks, following an assessment of US actions and appeals from American businesses, suggests a willingness to negotiate, although China emphasizes the need for mutual respect and benefit. Stock market gains reflect investor optimism.

de.euronews.com

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May 7, 13:17

Trump Reiterates Interest in Annexing Canada During Tense White House Meeting with Carney

Canadian Prime Minister Mark Carney met with President Trump at the White House on Tuesday to address trade disputes; Trump reiterated his interest in annexing Canada, while Carney firmly rejected this idea, highlighting the complex and tense relationship between the two North American nations.

Trump Reiterates Interest in Annexing Canada During Tense White House Meeting with Carney

Canadian Prime Minister Mark Carney met with President Trump at the White House on Tuesday to address trade disputes; Trump reiterated his interest in annexing Canada, while Carney firmly rejected this idea, highlighting the complex and tense relationship between the two North American nations.

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What are the potential long-term implications of President Trump's unpredictable diplomatic style and disregard for established economic ties with Canada?

Trump's assertion that the U.S. needs nothing from Canada, despite significant trade dependence, reveals a disregard for established economic ties. Carney's visit, while seemingly productive, reveals the complexities and potential risks associated with navigating Trump's unpredictable foreign policy. Continued trade disputes could have severe economic consequences for both nations.

faz.net

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May 7, 13:17

China Cuts Interest Rates, Unveils Fiscal Package Amidst US Trade Talks

Facing a weakening economy and ahead of crucial trade talks with the US, China announced a monetary policy package including a key interest rate cut and reserve requirement ratio reduction, freeing up 122 billion euros, alongside fiscal measures to support various sectors and technological innovatio...

China Cuts Interest Rates, Unveils Fiscal Package Amidst US Trade Talks

Facing a weakening economy and ahead of crucial trade talks with the US, China announced a monetary policy package including a key interest rate cut and reserve requirement ratio reduction, freeing up 122 billion euros, alongside fiscal measures to support various sectors and technological innovatio...

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What immediate economic impacts are expected from China's latest monetary policy adjustments and accompanying fiscal measures?

China's central bank cut a key interest rate by 10 basis points to 1.40 percent and lowered the reserve requirement ratio by 0.5 percentage points to 6.2 percent, freeing up around 122 billion euros in liquidity. These measures aim to boost a slowing economy, particularly consumption, and are coupled with additional support for the stock market and technological innovation.

welt.de

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May 7, 07:17

EU to Impose €100 Billion in Tariffs on US Goods Amid Trade Dispute

Facing a trade dispute with the US, the EU plans €100 billion in retaliatory tariffs if negotiations fail, while simultaneously pursuing trade deals with other nations like India and Indonesia; China is seeking to strengthen its ties with the EU amidst this conflict.

EU to Impose €100 Billion in Tariffs on US Goods Amid Trade Dispute

Facing a trade dispute with the US, the EU plans €100 billion in retaliatory tariffs if negotiations fail, while simultaneously pursuing trade deals with other nations like India and Indonesia; China is seeking to strengthen its ties with the EU amidst this conflict.

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How does the record US trade deficit contribute to the escalating trade conflict with the EU?

The EU's strategy reflects a shift away from overreliance on the US market. This move is driven by the belief that a fair trade agreement is achievable without compromising its economic interests. The significant trade deficit experienced by the US, reaching a record $140.5 billion in March, fuels the conflict.

cnnespanol.cnn.com

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May 7, 07:17

Japan's Treasury Bond Threat Exposes US Debt Vulnerability

Japan briefly threatened to sell its US$1.1 trillion in US Treasury bonds to leverage trade negotiations, highlighting the US's reliance on foreign investment to finance its massive debt and the potential risks of escalating trade wars.

Japan's Treasury Bond Threat Exposes US Debt Vulnerability

Japan briefly threatened to sell its US$1.1 trillion in US Treasury bonds to leverage trade negotiations, highlighting the US's reliance on foreign investment to finance its massive debt and the potential risks of escalating trade wars.

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What are the immediate consequences of a major US ally significantly reducing its holdings of US Treasury bonds?

Japan, the largest foreign holder of US Treasury bonds, briefly threatened to sell its holdings as leverage in trade negotiations with the US. This threat, though quickly retracted, highlights the US's reliance on foreign investment to finance its massive debt.

gr.euronews.com

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May 7, 13:17

U.S., China to Hold Trade Talks Amidst Escalating Tensions

Top U.S. trade officials will meet with their Chinese counterparts in Switzerland this week for the first time since the escalation of the trade war earlier this year, aiming to de-escalate tensions and potentially pave the way for future trade agreements; the talks follow the U.S. imposition of ste...

U.S., China to Hold Trade Talks Amidst Escalating Tensions

Top U.S. trade officials will meet with their Chinese counterparts in Switzerland this week for the first time since the escalation of the trade war earlier this year, aiming to de-escalate tensions and potentially pave the way for future trade agreements; the talks follow the U.S. imposition of ste...

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What are the immediate implications of the upcoming U.S.-China trade talks in Switzerland?

Top U.S. trade officials will meet with their Chinese counterparts in Switzerland this week to discuss the ongoing trade war. This is the first in-person meeting between high-level representatives of both countries since the escalation of trade tensions earlier this year, marked by the imposition of steep tariffs by the U.S. on Chinese goods. The talks aim to de-escalate tensions and potentially pave the way for future trade agreements.

Showing 529 to 540 of 3,160 results